Geode Capital Management LLC Sells 21,213 Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Geode Capital Management LLC lessened its stake in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 9.0% in the third quarter, HoldingsChannel.com reports. The firm owned 215,069 shares of the company’s stock after selling 21,213 shares during the quarter. Geode Capital Management LLC’s holdings in John B. Sanfilippo & Son were worth $20,287,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in JBSS. Bank of New York Mellon Corp grew its position in shares of John B. Sanfilippo & Son by 1.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 136,987 shares of the company’s stock worth $13,311,000 after buying an additional 1,436 shares during the last quarter. nVerses Capital LLC bought a new position in shares of John B. Sanfilippo & Son in the 2nd quarter worth about $29,000. VELA Investment Management LLC increased its stake in shares of John B. Sanfilippo & Son by 20.1% in the 2nd quarter. VELA Investment Management LLC now owns 9,989 shares of the company’s stock worth $971,000 after acquiring an additional 1,672 shares in the last quarter. Victory Capital Management Inc. lifted its position in John B. Sanfilippo & Son by 23.8% during the 2nd quarter. Victory Capital Management Inc. now owns 5,490 shares of the company’s stock valued at $533,000 after acquiring an additional 1,057 shares during the period. Finally, Quest Partners LLC bought a new stake in John B. Sanfilippo & Son during the second quarter worth about $68,000. Institutional investors own 70.64% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research note on Monday, November 4th.

John B. Sanfilippo & Son Price Performance

JBSS opened at $86.03 on Friday. The company’s 50-day simple moving average is $86.96 and its two-hundred day simple moving average is $93.19. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 2.06. The stock has a market capitalization of $997.95 million, a P/E ratio of 18.50 and a beta of 0.13. John B. Sanfilippo & Son, Inc. has a 52-week low of $79.07 and a 52-week high of $108.96.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc, through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.